Schneider Electric Forecasts Rapid Growth for Its India Data Center Business
May 25, 2026 – 8:37 am
Schneider Electric expects its India data center business to grow faster than the rest of the company, reaching single largest business within three to five years. Currently operating on a base of 1.5 gigawatts of installed capacity, the French infrastructure group aims to capitalize on India’s national plan to scale up to 6-8 gigawatts.
Deepak Sharma, the group’s managing director and zone president for Greater India, attributes this growth to India’s "exponential" opportunity in data centers, which are poised to lead the next growth cycle. Globally, Schneider already generates roughly 30% of its €40 billion annual revenue from data centers.
This momentum is reflected in significant investments:
- Schneider acquired full ownership of its India subsidiary, SEIPL, from Temasek for €5.5 billion last year.
- The company now has approximately 38,000 employees in India across 31 factories exporting to over 30 countries.
- The wider market dynamics are driven by a $650 billion+ AI capital expenditure program from major US hyperscalers expected to intensify demand for Schneider’s power and cooling solutions.
Schneider’s localized decision-making, strengthened by the acquisition, positions it well to capitalize on India’s burgeoning data center landscape.